Carlos Picos & Asociados Tax Team consists of a highly qualified team of professionals who have vast experience and knowledge which enable them to provide an agile, comprehensive, specialized and excellent quality advice.
With the aim of being updated on a permanent basis with regard to current changes in laws and regulations, our professionals are actively trained and keep their specialization updated at local and international levels and they have completed Graduate Studies and Masters in prestigious national and foreign Universities.
Tax Team professionals provide agile and efficient corporation and individual counseling.
Services include advice, tax planning and procedures in all instances.
Comprehensive Due Diligence Procedures.
Local and International Tax Advice.
Application of International Conventions in order to prevent Double Taxation and Tax Information Exchange.
Answers to consultations.
Presentation of consultations before tax authorities.
Diagnosis of companies’ tax situation and advice to customers before tax administration offices.
We have our own office located at Zonamerica. There, we provide legal and tax counseling to companies that want to operate in some of the Free Zones existing in Uruguay.
We also offer advice and assistance in processing the Business Plan and the corresponding authorization for companies, carrying out the User license to operate under such modality.
Comprehensive Corporation Advice at national and international level.
Advice and application of Agreements to prevent Double Taxation and for Tax Information Exchange.
Analysis and Reports of Transfer Pricing.
Advice in special regimes matters.
Carlos Picos & Asociados Accounting Department consists of a highly qualified team of certified public accountants and professionals that provide Accounting Outsourcing services to firms that work within any Uruguayan Free Zone and to foreign firms as well.
The increasingly complex international tax regulations demand a thorough knowledge and significant expertise in matters such as tax planning, treaties to avoid double taxation and transfer pricing, among other issues.
In addition, recent changes in jurisdictions such as Belize, BVI, Seychelles, Hong Kong, among other jurisdictions, demand to keep updated the accounting records of the firms established there.
Such accounting records can be carried out anywhere in the world being always available to be presented before the corresponding control authorities. Our firm has the infrastructure, resources, knowledge and expertise necessary to provide an optimum, practical and convenient service.
Our work is based on:
Generally Accepted Accounting Services (GAAP)
International Financial Reporting Standards (IFRS)
We are experts in all the procedures related to the incorporation, management, bylaws amendments, capital increase, etc. of Free Zone Corporations (SAFZ). Likewise, we develop and follow our customers Business Plans and provide locations so that they can establish and develop their activity.
Free Zone Corporations (SAFZ) offer a wide and special scope of benefits for the development of some activities. Services provisions as well as the entrance of goods are exempt of any national tax, either created or to be created.
Full freedom in foreign exchange management
Free movement of capital and profits
They are not ruled by state monopolies
Issuance of warrants
State guarantee of investments
Through our wide network of alliances customers count on professional support anywhere in the world either to incorporate corporations or to have the accounting, tax and legal services they may request.
España - Entities Holding Foreign Securities
In addition, we carry out the procedures to open bank accounts in local and foreign banks.